I noticed that Bitcoin is moving around $78,000 now after approaching $75,000 a little while ago. News about US-Iran negotiations and the blockade in the Strait of Hormuz seem to have pushed the market higher. The vice president spoke about a potential big deal if Iran ends its nuclear program, and the market responded strongly. An interesting point is that short liquidations reached $500 million in the last 24 hours, mostly from short position liquidations, indicating genuine buying pressure. Regarding other cryptocurrency news, AAVE, Algorand, and Ethereum performed the best. AAVE is now around $90 and starting to break the resistance line, ALGO at $0.11, with a short-term buildup, and Ethereum at $2,180, with candles indicating positive momentum. Technical analysis suggests that if Bitcoin closes above $75,000, it could reach $82,000, with the first support at $71,000. Overall, today’s crypto news is positive, and sentiment has improved significantly compared to last week.

AAVE-1.04%
ALGO-2.65%
ETH-0.82%
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